EUR/GBP analysis of the week (4h candlesticks)

By IBT Staff Reporter On 02/17/10 AT 6:43 AM

The parity get back on the resistance at 0.8750 (without breaking it). We maintain to trade only short positions as far as the price is below this level. A break out of this resistance will offer a buy signal but a break out of 0.87 will offer a sell signal.